Number of theaters in Saudi to 60; Up to 2600 percent increase in income

by time news

Two thousand six hundred percent increase in revenue from movie ticket sales in Saudi Arabia. The figure is from the Ministry of Culture. It is estimated that even when the online streaming system is widespread all over the world, people are still going to the theater in Saudi.

In 2021, the audience spent 20 crore Riyals to watch the movie. In 2018, the year the theater opened in Saudi, the revenue was only 70 lakh riyals. Theaters reopened in 2018 in Saudi Arabia, where public cinema screenings were traditionally banned. After this, more than 30 crore tickets have been sold. Saudi General Commission for Audio Visual Media screens films and categorizes them for different age groups.

AMC or American Multi Cinema was the first theater to open in Saudi Arabia. New cinemas have now sprung up across the country. Eleven new theaters were built between 2020 and 2021. With this, the number of theaters in the country has increased to 54. Film shooting is also going on in different parts of Saudi Arabia. 4400 people were given employment through theatres. It’s time for consumers to switch from theaters to streaming services. Still, along with China, Saudi Arabia is one of the few countries in the world experiencing positive growth in movie revenue, according to figures.

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